Tag: Stablecoin

By Ross O'Keefe | Washington Examiner https://www.youtube.com/live/iRPsG-Nxko4?feature=shared President Donald Trump is signing the GENIUS Act, which will regulate stablecoin cryptocurrencies, whose values are pegged to the U.S. dollar, at around 2:30 p.m. Friday. Trump needed to convince about a dozen Republicans to vote for the bill after they stalled it due to certain provisions not included in the bill, namely, the lack of a ban on central bank digital currency. They agreed to vote for it after the president’s intervention. READ THE FULL STORY AT THE WASHINGTON EXAMINER